Updated Sep 23, 2026
FINANCEDDevelopment Site
Nico Sharp Of RBI Private Lending Provides $6,800,000 Construction Loan For Development Site In Paradise Valley
5815 North Palo Cristi Road
$6,800,000
Building Size
—
Asset Type
Development Site
Closing
Aug 31, 2026
About this deal
AI
The asset involved in this transaction is a development site located at 5815 North Palo Cristi Road in Paradise Valley. The loan amount for this property is $6,800,000, secured for construction purposes, with a loan term of 24 months.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,800,000
- Loan Type: Construction
- Loan Terms: 24 months
- Lender: Nico Sharp - RBI Private Lending
Nico Sharp represents the lender in this transaction, facilitating the financial arrangement for the development site to be established in the Paradise Valley market.
On the Map
$6,800,000
Development Site
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Players
Paradise Valley Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93